Gapping up
In reaction to earnings/guidance:
- INDI +5%, NCNO +4.9% (also WFC will expand use of nCino Bank OS to accelerate its digital transformation), SAN +3.3% (reaffirms FY22 targets), PL +3.1%, HYMC +2.2%, VLTA +1.6%, PNC +0.7%
Other news:
- GME +15.5% (to seek approval for 3.33-for-1 stock split)
- SAGE +10.3% (announces presentation of promising results from the Phase 2 LUMINARY Study of SAGE-718 in patients with mild cognitive impairment and mild dementia due to Alzheimer's Disease)
- BZUN +9.4% (announces repurchase right notification for 1.625% Convertible Senior Notes due 2024)
- XPEV +8.7% (announces vehicle delivery results for march and first quarter 2022; 34561 vehicles delivered in Q1 2022 a 159% increase yr/yr)
- XSPA +7.1% (stock offering)
- NIO +6% (provides March and Q1 delivery update)
- LI +5.7% (reports March deliveries increased 125.2% yr/yr)
- PHAR +5.7% (positive data from Phase II/III leniolisib trial presented)
- CLNN +5.6% (along with its subsidiaries "Clene" and its wholly owned subsidiary Clene Nanomedicine announce new data from the open-label extension of RESCUE-ALS)
- KOS +4.6% (successfully refinances credit facility)
- FSR +3.1% (passes 40000 initial reservations for Fisker Ocean SUV)
- GRIN +3% (CEO to retire)
- LEV +3% (receives purchase order for 30 school buses)
- HLX +2.1% (enters into new contract with Shell Offshore to provide well intervention services)
- RETA +2% (completes rolling submission of NDA for omaveloxolone for Friedreich's ataxia)
- GTHX +1.8% (reports results of real world study of trilaciclib)
- HOOD +1.7% (nearing launch of retirement account support on its platform according to Bloomberg)
- PPGH +1.7% (receives shareholder approval for combination with Gogoro)
- VMI +1% (enters into a $209 mln supply agreement with Siemens Gamesa for wind market)
Analyst comments:
- TELL +7.2% (upgraded to Outperform from Neutral at Credit Suisse)